DeGeneres continues to throw her two cents into the conversation, telling Lopez that she and Rodriguez should marry because they seem "very happy."

"We are!" Lopez assures. "We've been together a couple years. It's nice."

"I mean it would be good to do for Christmas," DeGeneres says of a proposal and wedding, before revealing that Rodriguez said that he was going to give Lopez "something romantic, thoughtful, but inexpensive" for the holiday.

"Did he say inexpensive?" Lopez questions with a look of disbelief. "That's not gonna work... Come on. We don't work overtime for all that... Smart and thoughtful I'll take. Romantic I'll take."

"Do you already know what you're going to get him?" DeGeneres asks.

"Actually no," Lopez reveals. "I feel like I just made it through Thanksgiving. December 1st I start thinking about Christmas. It's not December 1st yet, right?"

Later, during a game called "5 Second Rule," Lopez reveals the three nicknames she has for the former pro-baseball player.

"Macho, puppy and loco," Lopez says. "He doesn't know about the last one."

"We have to take our time," Lopez shared. "I've made plenty of mistakes in my past and ... we're mature now. We're grown ups and we're going to take our time and we're going to do things at our own pace. And our life right now is incredibly wonderful. Between our kids and our work we're truly blessed. We don't need anything more right now."

In response to Lopez's comments, Rodriguez simply told ET that his girl's "the queen."

Less than a month later, Lopez and Rodriguez sparked engagement rumors when the "El Anillo" singer was spotted with a ring on that finger.

"I gave her the ring maybe four or five months ago," Rodriguez later told Today of Lopez's new bling. "I got her that ring. She loved it." While he acquiesced that the ring held "significance," he denied that the two were engaged.

LAS VEGAS, NV - SEPTEMBER 30: Alex Rodriguez (L) and Planet Hollywood headliner Jennifer Lopez on the red carpet following the finale performance of her record-breaking residency, 'JENNIFER LOPEZ: ALL I HAVE' on September 30, 2018 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images for Caesars Entertainment)

LAS VEGAS, NV - SEPTEMBER 30: Alex Rodriguez (L) and Jennifer Lopez attend the after party for the finale of the 'JENNIFER LOPEZ: ALL I HAVE' residency at MR CHOW at Caesars Palace on September 30, 2018 in Las Vegas, Nevada. (Photo by Mindy Small/FilmMagic)

NEW YORK, NY - SEPTEMBER 24: Jennifer Lopez and Alex Rodriguez attend the 33rd Annual Great Sports Legends Dinner, which raised millions of dollars for the Buoniconti Fund to Cure Paralysis at The New York Hilton Midtown on September 24, 2018 in New York City. (Photo by Mike Coppola/Getty Images for Buoniconti Fund to Cure Paralysis )

NEW YORK, NY - AUGUST 20: Alex Rodriguez and Jennifer Lopez attend the 2018 MTV Video Music Awards at Radio City Music Hall on August 20, 2018 in New York City. (Photo by Nicholas Hunt/Getty Images for MTV)

NEW YORK, NY - AUGUST 17: Jennifer Lopez and Alex Rodriguez seen out and about in Manhattan on August 17, 2018 in New York City. (Photo by Robert Kamau/GC Images)

NEW YORK, NY - AUGUST 16: Alex Rodriguez and Jennifer Lopez leave NBC Studios at Rockefeller Center on August 16, 2018 in New York City. (Photo by James Devaney/GC Images)

NEW YORK, NY - AUGUST 02: Alex Rodriguez and Jennifer Lopez leave NBC Studios at Rockefeller Center on August 2, 2018 in New York City. (Photo by James Devaney/GC Images)

NEW YORK, NY - MAY 10: Jennifer Lopez and Alex Rodriguez arrive at NBC studios on May 10, 2018 in New York City. (Photo by Gotham/GC Images)

NEW YORK, NY - MAY 07: Jennifer Lopez and Alex Rodriguez seen on the streets of Manhattan on May 07, 2018 in New York, NY. (Photo by Josiah Kamau/BuzzFoto via Getty Images) *** Local Caption *** Jennifer Lopez and Alex Rodriguez

NEW YORK, NY - MAY 07: Jennifer Lopez and Alex Rodriguez attends the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at Metropolitan Museum of Art on May 7, 2018 in New York City. (Photo by Jackson Lee/Getty Images)

NEW YORK, NY - MAY 07: Jennifer Lopez (L) and Alex Rodriguez attend the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 2018 in New York City. (Photo by Kevin Tachman/Getty Images for Vogue)

NEW YORK, NY - MAY 07: Jennifer Lopez and Alex Rodriguez attend the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 2018 in New York City. (Photo by Frazer Harrison/FilmMagic)

NEW YORK, NY - APRIL 24: Alex Rodriguez and Jennifer Lopez attend the 2018 Time 100 Gala at Jazz at Lincoln Center on April 24, 2018 in New York City.ï¿½ (Photo by Kevin Mazur/Getty Images for Time)

NEW YORK, NY - APRIL 24: Jennifer Lopez and Alex Rodriguez seen in Columbus Circle on their way to the 2018 Time 100 Gala on April 24, 2018 in New York City. (Photo by James Devaney/GC Images)

MIAMI, FL - JANUARY 15: Former New York Yankees third baseman Alex Rodriguez and recording artist Jennifer Lopez kiss during the basketball game between the Duke Blue Devils and the Miami Hurricanes at The Watsco Center on January 15, 2018 in Miami, Florida. (Photo by Eric Espada/Getty Images)

EAST HAMPTON, NY - AUGUST 12: Alex Rodriguez and Jennifer Lopez attend Apollo in the Hamptons 2017: hosted by Ronald O. Perelman at The Creeks on August 12, 2017 in East Hampton, New York. (Photo by Kevin Mazur/Getty Images for The Apollo)

NEW YORK, NY - AUGUST 23: Jennifer Lopez and Alex Rodriguez seen on location for 'Shades of Blue' in Queens on August 23, 2017 in New York City. (Photo by James Devaney/GC Images)

Happy Birthday to Us!!! #leos 🇩🇴🇵🇷 #305

NEW YORK, NY - JUNE 30: Jennifer Lopez and boyfriend Alex Rodriguez seen leaving the Hunter's Point South Park after performing for a Macy's Fourth Of July Fireworks Spectacular on June 30, 2017 in New York City. (Photo by Robert Kamau/GC Images)

Jennifer Lopez and Her boyfriend Alex Rodriguez walk through the park of Jardin des Tuileries and seen taking pictures with the Pyramide of Louvre in Paris, France, on June 18, 2017. (Photo by Mehdi Taamallah/Nurphoto)

NEW YORK, NY - JUNE 30: Alex Rodriguez and Jennifer Lopez seen at the Macy's 4th of July Firework Show at Hunter's Point South Park on June 30, 2017 in New York City. (Photo by James Devaney/GC Images)

PARIS, FRANCE - JUNE 18: (L-R) Jennifer Lopez and Alex Rodriguez are sighted on the 'Ile Saint Louis' near Notre-Dame-De-Paris cathedral on June 18, 2017 in Paris, France. (Photo by Marc Piasecki/GC Images)

NEW YORK, NY - MAY 08: Alex Rodriguez and Jennifer Lopez leave Carbone on May 8, 2017 in New York City. (Photo by James Devaney/GC Images)

NEW YORK, NY - MAY 01: Jennifer lopez Alex Rodriguez seen out in Manhattan on May 1, 2017 in New York City. (Photo by Robert Kamau/GC Images)

NEW YORK, NY - MAY 01: Professional baseball player Alex Rodriguez (L) and actress Jennifer Lopez leave the Rei Kawakubo/Comme des Garcons: Art Of The In-Between' Costume Institute Gala at the Metropolitan Museum of Art on May 01, 2017 in New York City. (Photo by Ray Tamarra/GC Images)

NEW YORK, NY - MAY 01: Jennifer Lopez and Alex Rodriguez attend the 'Rei Kawakubo/Comme des Garcons: Art Of The In-Between' Costume Institute Gala at the Metropolitan Museum of Art on May 1, 2017 in New York City. (Photo by Karwai Tang/WireImage)

NEW YORK, NY - MAY 01: Jennifer Lopez and Alex Rodriguez attend the 'Rei Kawakubo/Comme des Garcons: Art Of The In-Between' Costume Institute Gala at Metropolitan Museum of Art on May 1, 2017 in New York City. (Photo by Dia Dipasupil/Getty Images For Entertainment Weekly)

NEW YORK - APRIL 24: Jennifer Lopez and new boyfriend Alex Rodriguez seen leaving 'The Sea Grill' at Rockefeller after lunch together on April 24, 2017 in New York, New York. (Photo by Josiah Kamau/BuzzFoto via Getty Images)

NEW YORK, NY - APRIL 24: Alex Rodriguez and Jennifer Lopez are seen in Midtown on April 24, 2017 in New York City. (Photo by Gotham/GC Images)

NEW YORK, NY - APRIL 24: Alex Rodriguez and Jennifer Lopez are seen in Midtown on April 24, 2017 in New York City. (Photo by Gotham/GC Images)

NEW YORK, NY - APRIL 03: Alex Rodriguez and Jennifer Lopez leave the Solow Building on April 3, 2017 in New York City. (Photo by James Devaney/GC Images)

NEW YORK, NY - MARCH 31: Alex Rodriguez and Jennifer Lopez leave Marea restaurant on March 31, 2017 in New York City. (Photo by James Devaney/GC Images)

Actress Jennifer Lopez shakes hans with Alex Rodriguez before a subway series game between the New York Mets and the New York Yankees at Shea Stadium in Queens, New York on Saturday May 21, 2005. The Mets beat the Yankees 7-1. (Photo by Mike Ehrmann/WireImage)